SRFXGlobal

### Technical Analysis of Gold 4 Hour(XAU/USD) #### OverviewThe chart displays the 4-hour price action for Gold (XAU/USD) with various technical indicators, including Simple Moving Averages (SMA) and Exponential Moving Averages (EMA), along with support and resistance levels. The displayed time frame suggests that this analysis focuses on short to medium-term trading strategies.#### Current Price Action- **Current Price**: The price of Gold is currently at approximately **3,325.13**. The price has recently bounced off a significant support level and is in a critical zone, indicating potential price action volatility.#### Trend Analysis- **Long-Term Trend**: The blue diagonal line illustrates an upward trend that started in early April. Gold’s price has consistently been above this trendline, indicating bullish sentiment in the market.- **Short-Term Trend**: In the last week, the price peaked around **3432** but has since retraced towards the trendline. The price action suggests a consolidation phase currently on the chart.#### Indicators- **Moving Averages**: - **SMA(50)**: It is bullish at **3,312.79**as the price remains above this moving average. - **SMA(20)**: The shorter SMA at **3,363.54** indicates potential short-term resistance. - **EMA (20)**: The EMA is slightly below the price at **3,295.59**, offering support if the price approaches this level. The proximity of the price to the moving averages indicates an area of dynamic support and resistance, where traders may look for guidance on entry and exit points.#### Support and Resistance Levels- **Resistance Levels**: - Clear resistance is observed at **3355/3370** - The upward red trendline 3400/3416/3480 could also serve as dynamic resistance in the future.- **Support Levels**: - Strong support is found at **3,288.92**, coinciding with the recent consolidation's lower edges. The blue trendline provides additional support near **3,290**. - Key support levels below are **3,264** and more significantly around **3,220 and 3,144**.#### Price Patterns- The chart displays a potential pennant formation, which generally precedes continuing the existing trend. Traders should be alert for breakout signals, either above resistance or below support, suggesting potential price movement toward the breakout.#### Trade Considerations- **Bullish Scenario**: A bullish breakout above the resistance level of **3365** with increasing volume could cement a further move towards the highs around **3410** or **3480**. - **Bearish Scenario**: Conversely, a decisive break below the **blue trendline** or **support at 3,280** may trigger further downside with targets around **3,230/3200/3140** or lower.#### ConclusionThe current price suggests that Gold is testing critical support levels while remaining in a longer-term uptrend. Traders should look for confirmation of direction through breakout patterns, volume, and market context. Monitoring economic data affecting Gold prices and general market sentiment will also be essential for making informed trading decisions.We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds.Stay grounded, stay present.🏄🏼‍♂️Your comments and support are appreciated! 👊🏼 XAUUSD

XAUUSD Not much has changed since my last update—gold remains stuck in the same range-bound, triangle pattern we've been tracking. The price action is definitely tightening, which usually means we're getting closer to a decisive breakout.Key Levels: - Support: 3300 is holding firm as a strong support level. - Resistance: 3350 continues to cap the price as a major resistance, keeping gold within a wide range.My outlook remains bearish for the short term, especially as gold is still trading below the golden Fibonacci zone (3375-3420). The weekly close also confirmed that sellers remain in control for now.Today’s monthly close is particularly important and could set the tone for the next move:- If gold finishes below 3330, this will strengthen the bearish outlook and open the door for a drop towards 3250, 3200, 3150, and even 3070.- However, a breakout above the triangle and 3350 would force a reassessment of the short-term direction.For now, I’m waiting for a clear breakout from this range to confirm the next major move. Personal trade plan: - I believe we can enter a sell trade here, with targets at 3250/3200/3150/3070.- My stop loss is set at a 4-hour candle close above 3335.As always, manage your risk and trade wisely. Good luck, traders! 🏆💰

**Gold Market Analysis: Potential Reversal Formation**Gold is finally showing strong signs of a potential top formation after an extended bullish run. After weeks of anticipation, yesterday's price action delivered a significant rejection candle at the psychologically important 3500 level, which could indicate the reversal signal we've been waiting for.It's essential to recognize that in a robust bullish rally, tops can take longer to form than initially expected, as we've observed recently. The market often exhibits both time and price extensions in such conditions. Nevertheless, the rejection at 3500 in conjunction with the current technical setup suggests that we may be seeing a reversal pattern taking shape.**Trading Perspective:**From a trading standpoint, I am currently awaiting a confirmation candle (a follow-up to yesterday's rejection) to validate that the top is in place. If we witness follow-through selling pressure today or tomorrow, it could present an excellent swing short opportunity, with the following targets established:- **Target 1 (TP1):** 3295- **Target 2 (TP2):** 3250- **Target 3 (TP3):** 3200- **Target 4 (TP4):** 3170- **Target 5 (TP5):** 3070 (psychological support level)Stay vigilant and ready for potential short opportunities as the market unfolds. Let’s see if the signals align for a successful trade. Happy trading! XAUUSD XAUUSD XAUUSD XAUUSDTarget one has been completed.

Time Frame: 15-Minute and 4-Hour Pattern: Head and Shoulders Formation---Overview:Currently, on the 15-minute time frame, we observe a potential Head and Shoulders pattern forming, which could indicate a bearish reversal. As we analyze further, we identify that the B wave might be completing, setting us up for the upcoming C wave to the downside.Key Levels:- Invalidation Level (Head of the Pattern): 3246- Fibonacci Level (Key Area on 4-Hour Time Frame): 0.618---Trade Setup:Given the formation and confirmations, we suggest considering a sell trade:1. Entry Point: Monitor for a confirmation of the bearish move below the neckline of the head and shoulders pattern.2. Stop Loss: Place the stop loss slightly above the invalidation level of 3246 to mitigate risk.3. Take Profit Targets: - TP1: 3215 - TP2: 3205 - TP3: 3195 - TP4: 3180 -TP5: 3140Once the price moves below these levels, consider holding the sell trade down to a potential extreme target of 3140.If we break 3140, the next support zone between 3040 and 3050 could come into play, where I expect strong buying interest for intra-day trading---Risk Management:Always manage your risk appropriately. Ensure that your position size is in line with your risk tolerance and that your stop loss is strictly adhered to. Monitor the market closely, as patterns can evolve, and be prepared to adjust your strategy as needed.Conclusion:With the Head and Shoulders pattern and the identified Fibonacci level providing confluence for a potential downside move, we have a compelling setup for taking a sell position. Keep an eye on the market dynamics and make informed decisions.---Stay safe and trade wisely!TP 1 Hits With 200 Pips

XAUUSD Currently, there is a prevailing sentiment among traders leaning towards a bearish outlook. Many who missed their selling opportunity on Friday may experience regret, and upon witnessing any initial selling pressure on Monday, they are likely to jump in. This sets up a potential trap that I intend to exploit. I anticipate the market will either move sideways or experience a slight bullish uptick before we see any significant movement.It’s important to note that larger market players have already sold off positions from the all-time high of 3137. Meanwhile, retail traders have begun selling following the breach of key psychological levels. Those holding short positions overnight often place their stop losses near these critical levels, providing an opportunity for the market to manipulate their positions—this is precisely the strategy I plan to implement.While the broader market structure remains bearish and we could see a potential breakdown below the 3000 level in the coming days, I believe we might witness a brief bounce in the meantime.#### Current Market Conditions:The market is currently oscillating between key weighted levels, indicating a period of indecision. The primary levels to watch for potential breakouts and reversals are:- Resistance Level (Upper Gap): 3055- Support Level (Lower Gap): 3031#### Bullish Outlook: First Target 3055- Initial Bullish Target: If the price manages to cross and lock above 3055, this will trigger a subsequent bullish target of 3075.- Additional bullish targets with respective EMA5 locks: - 3075 → 3092 - 3092 → 3117 - 3117 → 3142#### Bearish Outlook:- Initial Bearish Target: Conversely, a cross and lock below 3031 will set up bearish momentum, targeting 3015.- Additional bearish targets with respective EMA5 locks: - 3015 → 2999 - 2999 → 2975 - 2975 → 2950Please follow your strategy and updates; this is just Our Idea, and We will gladly see your ideas in this post.Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.

XAUUSD Gold long NowEntry 3118/31291st target 31452nd target 31553rd target 31654th target 3185Invalid level 1hour Candle close below 31051st Target Completed & trade closed

### XAUUSD Gold Technical AnalysisCurrent Price: 3022 Current Buyer Positioning: Holding at 3000 levels ---Overview:Gold is currently trading at 3022, with a focus on key resistance and support levels. Given the recent price action, we anticipate a potential bullish breakout if the 1-hour candle convincingly breaks above the 3039 level. A sustained move above this level could pave the way for new all-time highs.---Resistance Levels:1. Immediate Resistance: 3035 / 30402. Breakout Level: 30393. Potential Targets: - 3050 - 3060 - 3090If the price breaks above 3039 and holds, it will indicate bullish momentum, which could push the price toward our target levels of 3050, 3060, and possibly 3090.---Support Levels:1. Immediate Support: 3005 / 30102. Strong Support Levels: 2980 / 29873. Swing Buy Trade Area: 2939 / 2949In case of a pullback, we expect the 3005 / 3010 levels to provide immediate support. Strong support at 2980 / 2987 will act as a safety net. A further decline into the swing buy area (2939 / 2949) may present buying opportunities for traders looking to enter long positions.---Market Sentiment:Sentiment appears to be bullish based on current positioning. Buyers are firmly holding at the 3000 levels, which aligns with the expectation that gold will push higher.---Technical Indicators:- Moving Averages: Monitor the positions of the short-term averages versus long-term averages to gauge momentum.- RSI: Observe if the RSI remains below 70 to avoid the overbought territory, which could suggest maintaining a bullish posture while considering potential reversals at the upper resistance levels.---Chart Analysis:- You can observe the ascending trendline on the chart, indicating a bullish structure in recent price action.- Watch for any consolidation around the defined resistance levels as a breakout pattern may emerge.---Conclusion:The market is primed for potential upward movement, particularly if gold can break and hold above 3039. Traders should keep a close eye on both the resistance and support levels, as they will guide trading strategies going forward. The upcoming days are crucial for establishing direction, so risk management and alertness to price action are paramount.---Recommendations:1. Watch for Breakouts: If the price closes above 3039, consider entering a long position.2. Sell on Retracement: If a pullback occurs, buy in the swing zones to capitalize on potential upward movement.3. Set Stop-Losses: Always set stop-loss orders just below immediate support to manage risk.--- Traders If You Like this educational post, give it a boost and follow!3050/3060 Targets done.

### Technical Analysis for Uniswap (UNI/USDT) UNIUSDT Current Price Level: $6.88 Time Frame: 1-day chart#### Trend AnalysisUniswap has been in a bearish trend since reaching a peak in the recent months, following a series of lower highs and lower lows. However, the price shows signs of potential reversal as it approaches crucial support levels, indicating a possible transition into a consolidation phase.#### Key Levels1. Support Levels: - Primary Support: $5.00 (green line) – This level has been tested multiple times and serves as a solid floor. - Invalidation Level: Below $4.63 – A daily close below this level would indicate a potential continuation of the bearish trend.2. Resistance Levels: - Short-Term Resistance: $8.00 - Targets for Swing Trade: - 1st Target: $8.00 - 2nd Target: $10.00 - 3rd Target: $12.00 - 4th Target: $15.00 - Long-Term Target: $30.00+#### Moving Averages- The price is currently above the 50-day (yellow line) and 200-day moving averages, which suggests a bullish momentum. A crossover where the 50-day MA crosses above the 200-day MA may indicate a solid buying opportunity.#### Chart Patterns- The recent price action appears to be forming an ascending triangle or bullish flag pattern, which typically precedes upward breakouts. The market trajectory suggests that Uniswap may be preparing for a price increase.#### Volume Analysis- Recent trading volume has increased during upward price action, suggesting accumulation by buyers. Continued volume spikes on upward moves will confirm the bullish sentiment.#### Technical Indicators- RSI: (Relative Strength Index) is approaching the 50 mark, signaling that the market momentum is shifting. A breakout above the 50 level could indicate bullish momentum. - MACD: The Moving Average Convergence Divergence indicator is showing signs of a bullish crossover. If this trend continues, it would suggest that upward momentum is gaining strength.### Conclusion and Trade StrategyConsidering the current technical setup for Uniswap:- Entry Point: $5.80 - $6.45 provides a high-risk reward ratio for traders looking to buy.- Targets: Use multi-tiered profit-taking strategies with the specified targets: $8.00, $10.00, $12.00, and $15.00 based on the progression of the price.- Stop Loss: Set a stop-loss order at $4.63 to minimize loss in case of a downward reversal.Final Note: Always consider external market factors and news that may impact crypto prices. Ensure risk management measures are in place when entering trades.

### Technical Analysis of Gold (XAU/USD) – 1-Hour Chart#### Current Market Overview:The 1-hour chart for Gold (XAU/USD) reveals a dynamic market structure with clear support and resistance levels. Gold is currently in an upward trend, showing potential swing trade opportunities based on recent price action and key technical levels.#### Key Levels to Watch:- **Support Levels:** - **Gold Buy Zone: 2974/2989**: This range is identified as a potential entry point for long positions. A bounce here would provide a good risk-to-reward scenario. - **Invalidation Level: 2950**: A close below this level would invalidate the bullish outlook and suggest a shift in momentum.- **Resistance Levels:** - **1st Target: 3005**: Key resistance where profit-taking may occur. A breakout above this level could elevate price action toward higher targets. - **2nd Target: 3020**: Further resistance that should be monitored for potential reversals or continued momentum. - **3rd Target: 3035**: Another potential profit-taking zone as strength continues beyond 3020. - **4th Target: 3055**: The upper end of the target range for traders aiming for extended bullish positions.#### Technical Indicators:- **Moving Averages**: - The chart likely shows an upward sloping trend with moving averages indicating that the price is holding above key support levels. - Consider observing the 50-period and 200-period MA for additional confirmation on trend direction and potential support.- **RSI (Relative Strength Index)**: - The RSI is shown oscillating near neutral levels (around 50), suggesting neither overbought nor oversold conditions. This indicates potential for price movement either way. Traders should watch for divergence or convergence signals for entry and exit strategies.#### Price Action Analysis:- The price has attempted multiple tests of the **2988** level with rejections, indicating that this level is pivotal in determining the next move. A sustained move above it could indicate accumulative buying pressure.- The presence of higher lows in the price suggests bullish sentiment is still intact.### Trading Strategy:1. **Bullish Scenario**: - **Entry**: Consider long positions at the **2974/2989 area** if the price shows signs of reversing (e.g., bullish candlestick patterns). - **Targets**: Set take-profit orders at key resistance levels, primarily targeting **3005** first, then **3020**, and subsequently higher levels. - **Stop Loss**: Place a stop loss below **2950** to protect against invalid trades.2. **Bearish Outlook**: - Should the price close below **2950**, reevaluate the positions. Potential shorts could be considered targeting support levels below, starting from **2922** down to **2909**.### Conclusion:The Gold market is currently poised for potential bullish opportunities with a clearly defined strategy based on key support and resistance levels. Monitoring price action near the **2974/2989** zone will be crucial, along with keeping an eye on the invalidation point of **2950**. Stay vigilant for breakout confirmations above **3005** for further upside momentum in this trending market. Happy trading!1st Target Done!All of our targets have been successfully achieved.

Let's analyze the potential movements for gold (XAU/USD) over the coming week.### Current Market Overview:Gold is currently trading within a tight range, with two key weighted levels identified: a resistance gap above at 2988 and a support gap below at 2968. The market appears to be consolidating between these two levels, creating an environment where price action may lead to potential opportunities for both bullish and bearish trades.### Key Levels to Watch:- Resistance Levels: - 2988: A pivotal level. A confirmed break above with a 1-hour candle close can lead to bullish momentum. - 3005: The immediate target if the price breaks above 2988. - 3013: If the price continues to rise, a break above this will target 3045. - 3045: A critical level indicating stronger bullish sentiment; targeted move could extend to 3071.- Support Levels: - 2968: This gap indicates potential for support. A bounce here could lead to a retracement upwards. - 2956: A breach below this level indicates bearish sentiment and opens the door to lower targets. - 2942: Further bearish pressure would target this level if 2956 fails to hold. - 2922: A critical support level; if broken, it suggests a deeper retracement toward the swing range. - Swing Range 2909-2881: If bearish momentum continues, this range may become the target area.### Trading Strategy:- Bullish Scenario: - Entry: Look for potential buy opportunities if the price closes above 2988, ideally waiting for confirmation with a strong bullish 1-hour candle. - Targets: Profit-taking levels at 3005 and 3045. Adjust stop-loss to break-even once reaching initial target to mitigate risk.- Bearish Scenario: - Entry: Consider short positions if the price breaks below 2974, ideally confirmed with a 1-hour close. - Targets: 2956 and 2942 should be primary targets, with further downside potential down to 2922 in case bearish momentum persists. - Stop-Loss: Placed above the last swing high to manage risk effectively.### Conclusion:This week’s trading strategy on gold will hinge upon the market's ability to break and hold above or below the identified key levels. The presence of defined composite targets allows traders to gauge the market sentiment and enter trades with measurable risk and reward ratios. As always, remain adaptable and ready to respond to market changes, while utilizing the identified support and resistance levels for effective trade management.Regular updates throughout the week will be essential to keep track of price action and adjust trading strategies accordingly. Happy trading!